Dodd Kittsley, National Director, Davis Advisors, discusses active ETFs at the 2020 Inside ETFs conference.
Holdings in gold-backed exchange-traded funds surged by 55 tons in the previous three days, or 1.8 million ounces, accounting for almost a third of year-to-date inflows.
Thirty years ago on March 9, a small group of bankers and stock exchange employees listed the world’s first exchange-traded fund in Canada’s financial capital -- three years before America’s first and more famous equivalent made its debut.
The XLY/XLP ratio is headed south.
The hurdles asset managers have to overcome are significant—but so is the opportunity.